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Mukund Jha, co-founder and former chief technology officer of Dunzo, is in discussions to raise between Rs 50 crore and Rs 80 crore (approximately $6 million to $10 million) from Together Fund for his new generative AI startup. This venture aims to enhance quality assurance processes in businesses by integrating AI and SaaS technologies. In related news, the generative AI startup Gnani has secured $4 million in funding from Info Edge Ventures, while another startup, RiseAngle, has raised $1.2 million in seed and angel funding from investors including Fund Mercury and Disney's chairman. Additionally, neobanking startup Zolve is set to raise $25 million from Creaegis as part of a larger funding round, indicating a vibrant fundraising environment in the tech sector.
#IIFL Fintech Fund picks up 10% stake in #GenAI startup #Vitra Vitra. ai has a patented technology model that helps revolutionise the way #language translation is approached and delivered on a #global scale. By @SaloniShukla__ Read more at 👇 https://t.co/tG2fRmG1ql
Mukund Jha, co-founder and former CTO of @DunzoIt , is in talks to secure INR 80 crore ($6-10 million) from Together Fund for his new generative AI startup. Jha's venture aims to automate quality assurance processes in businesses by merging AI and SaaS technologies. While… https://t.co/NSPsufr813
🚨 Scoop: Neobanking startup Zolve to raise $25 million from Creaegis as part of larger round By @Goenka_Tushar1 https://t.co/v8q8SmRzEd via @moneycontrolcom
